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Daily (11.04.2024): Crude oil prices rose by 1% on Wednesday as Gaza cease-fire hopes fade
Oil prices rose by $1 on Wednesday following the news that three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip. This development raised concerns that ceasefire negotiations could face obstacles. Hence, Brent crude settled at $90.48 a barrel, while WTI crude ended at $86.21 a barrel. Oil prices rose by $1 on Wednesday following the news that three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip. This development raised concerns that ceasefire negotiations could face obstacles. Hence, Brent crude settled at $90.48 a barrel, while WTI crude ended at $86.21 a barrel.
read more... 11/04/2024
EU lawmakers adopt law to hit fossil fuel imports with methane emissions limit
European Union lawmakers on Wednesday adopted a law to place methane emission limits on Europe's oil and gas imports from 2030, pressuring international suppliers to clamp down on leaks of the potent greenhouse gas.
read more... 11/04/2024
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France on track to smash clean electricity export record in 2024
France has boosted electricity exports by 500% during the first quarter of 2024 from the same period in 2023, and is forecast to lift net electricity exports to a new record for the full year, according to data from Energy Charts and LSEG.
read more... 11/04/2024
Romania's SMR site selection process gets IAEA approval
An International Atomic Energy Agency follow-up mission has concluded that the selection of Doicesti as the site for deployment of small modular reactors complied with the agency's safety standards.
read more... 11/04/2024
Daily (10.04.2024): European carbon prices hit their highest level since March 25, driven by technical signals
On Tuesday, crude oil prices kept declining as investors assessed the possible consequences of a ceasefire agreement between Israel and Hamas. This deal has the potential to conclude the ongoing Gaza conflict, which has persisted for six months. Hence, Brent crude declined by 1% to settle at $89.42 a barrel. Meanwhile, U.S. WTI crude dropped by 1.4% to $85.23 a barrel.
read more... 10/04/2024